Mr. Eira Thomas reports

NORTH ARROW MINERALS GRANTS INCENTIVE OPTIONS

North Arrow Minerals Inc. has granted a total of 1.92 million stock options to directors and employees of the company, bringing the total options outstanding to 4,155,000, representing 8.88 per cent of the total shares issued (46,806,349).

The options are exercisable at a price of 27.5 cents per common share for a term of five years. The options are governed by the terms of the company's equity incentive plan and are in accordance with the policies of the TSX Venture Exchange.

About North Arrow Minerals Inc.

North Arrow Minerals is a Vancouver-based exploration company focused on evaluating the Kraaipan gold project. Management and advisers bring significant global exploration and mining experience. North Arrow's exploration programs are conducted under the direction of Dr. John Armstrong, PhD, PGeo (Northwest Territories/Nunavut), president and chief operating officer of North Arrow, and a qualified person under National Instrument 43-101, Standards of Disclosure for Mineral Projects. Dr. Armstrong has reviewed and approves the contents of this news release.

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